Noble Analysts Boost Their Forecasts After Q4 Results - Noble Corp (NYSE:NE)

Noble Corp (NYSE:NE) reported mixed results for the fourth quarter, after the closing bell on Wednesday.

The company posted quarterly earnings of 9 cents per share which missed the analyst consensus estimate of 21 cents per share. The company reported quarterly sales of $764.412 million which beat the analyst consensus estimate of $734.951 million.

Noble Corp said it sees FY2026 sales of $2.800 billion-$3.000 billion, versus market estimates of $3.012 billion.

Noble shares rose 1.6% to trade at $43.27 on Friday.

These analysts made changes to their price targets on Noble following earnings announcement.

Susquehanna analyst Charles Minervino maintained Noble with a Neutral and raised the price target from $32 to $45.
Evercore ISI Group analyst James West maintained the stock with an In-Line rating and raised the price target from $36 to $45.

Considering buying NE stock? Here’s what analysts think:

Photo via Shutterstock

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Noble Corp (NYSE:NE) reported mixed results for the fourth quarter, after the closing bell on Wednesday.

Noble Corp said it sees FY2026 sales of $2.800 billion-$3.000 billion, versus market estimates of $3.012 billion.

Robert W. Eifler, President and Chief Executive Officer of Noble, said, “Solid fourth quarter performance brought our full year 2025 Adjusted EBITDA to the upper half of the original guidance range and contributed to another year of strong free cash flow. Noble’s commercial success continues to build with the recent award of nearly 10 rig years of new bookings comprising $1.3 billion of high quality backlog. Meanwhile, we have continued to sharpen and high-grade our fleet posture and balance sheet with the announced divestitures of six jackups – collectively creating a platform of optimal focus, scale, and financial strength.”

Noble shares rose 1.6% to trade at $43.27 on Friday.

These analysts made changes to their price targets on Noble following earnings announcement.

Susquehanna analyst Charles Minervino maintained Noble with a Neutral and raised the price target from $32 to $45.
Evercore ISI Group analyst James West maintained the stock with an In-Line rating and raised the price target from $36 to $45.

Considering buying NE stock? Here’s what analysts think:

Photo via Shutterstock

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